3 ms·
The operating income shows the income drop that the big tax rate change (which won't repeat next year) is helping to soften in the net income figure. A decline
by adventured 8y ago
The operating income shows the income drop that the big tax rate change (which won't repeat next year) is helping to soften in the net income figure.
A decline from $26.2b to $23.3b, or 11%.
- DVassallo 8y agoTrue. Still, the argument that AAPL is undervalued still stands even if they did $55b in net income next year. Or $50b.